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Community Open House at Full Blast Recreation Department to Celebrate Completion of Energy Savings Project

Published Date:

Wednesday, Dec 11, 2013

Public invited to attend on Wednesday evening December 11, 2013 to tour the facility, learn about energy saving initiatives and enjoy free refreshments.

FRAMINGHAM, MA and BATTLE CREEK, MI – December 11, 2013 – Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy company, announced today the completion of the $1.3 million City of Battle Creek, Parks and Recreation facility project. Ameresco is sponsoring a community open house from 5:30 p.m. until 7:30 p.m. this evening at the Full Blast located at 35 Hamblin Avenue in downtown Battle Creek. Join the community celebration in honor of the project expected to save the City more than $85,000 annually in energy and maintenance costs.

The energy savings performance contract (ESPC) was designed to improve energy efficiency at the City’s community recreation center. Some of the energy conservation measures implemented include a central hot water heating plant that provides the heating capacity for improved building comfort, domestic hot water, and the indoor pool, a new open protocol controls system, and installation of renewable energy features, such as solar energy for the outdoor pool. Each of these measures were designed to increase the efficient use of energy and to decrease the building’s emissions and carbon footprint. This project is expected to help reduce the center’s operating costs and allow the department to take a leadership role in economic and environmental stewardship in the community.

“At first the complexity of implementing an energy performance contract, as well as monitoring the results, seemed like a daunting task but Ameresco has simplified the process by clearly identifying the inefficiencies in our systems and the straightforward ways in which we can produce more efficient results,” said Jeff Hovarter, Director, Battle Creeks Park and Recreation. “I believe it is important for the City and its recreation department to take a proactive role in reducing energy consumption and we feel by partnering with Ameresco, we can utilize taxpayer dollars in the most efficient, effective and environmentally responsible way.”

“We extend our best wishes for tonight’s open house in honor of completion of the ESPC project that is expected to deliver not only ongoing energy efficiency at the recreation center but significant financial, comfort and environmental benefits for the community,” said Louis P. Maltezos, Executive Vice President, Ameresco. “We are honored to have partnered with the City of Battle Creek to develop an efficiency project that improved the recreation center’s infrastructure and will also pay for itself through the savings.”

The annual emissions reduction from this project is expected to be approximately 332 metric tons of CO2, the equivalent of taking 366 cars off the road or powering 42 homes each year.

Ameresco has a long history of partnering with communities across North America to improve energy infrastructure and install renewable energy technologies. Ameresco’s pioneering of the ESPC financing model has made the budget-neutral solution an increasingly popular option for customers, by providing energy efficiency upgrades using a guaranteed savings approach. Ameresco coordinates the upfront project costs and the customer repays that investment with their energy savings over time.About Battle Creek Parks, Full Blast Recreation DepartmentFull Blast Recreation Center, located in downtown Battle Creek across from McCamly Plaza Hotel, is an 88,000 square foot, multi-purpose recreation facility featuring a full service fitness center, locker rooms, indoor walking track, three large gymnasiums, batting cages, and multi-purpose space. For more information, please visit www.bcparks.org.

About City of Battle CreekKnown as “Cereal City,” Battle Creek is located in Calhoun County off I-94 between Chicago and Detroit. Battle Creek has a proud history and promising future of providing the world’s leading food brands, research and training. The city is home to Kellogg Company’s world headquarters, the W.K. Kellogg Foundation, and the International Food Protection Training Institute. Battle Creek has many other major corporate members including Post Cereals, Ralcorp, Denso, II Stanley, and Duncan Aviation. Downtown Battle Creek is undergoing a revitalization effort to accommodate food science and other innovation industries. Battle Creek’s Air National Guard Base, commercial airport and industrial park contribute to a diversified local economy that attracts worldwide businesses for military, aviation, aerospace and alternative energy.

About Ameresco, Inc.Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for facilities throughout North America. Ameresco’s services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco provides local expertise through its 70 offices in 33 states, five Canadian provinces and the United Kingdom. Ameresco has more than 900 employees. For more information, visit www.ameresco.com.

The announcement of a customer’s entry into or commencement of a project contract is not necessarily indicative of the timing or amount of revenue from such contract, of the company’s overall revenue for any particular period or of trends in the company’s overall total construction backlog.